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One irony is that fossil fuel firms have done better under Biden than they did under Trump. During Trump’s four years in office, the average profit margin of the energy sector was an awful -0.6% ...
In California, gasoline prices averaged $2.85 a gallon when Trump took office and $3.26 when he left. California prices tend to be higher than the national average because of higher state and ...
Conversely, the average price per gallon during Biden’s presidency so far is $3.61 — 40% more than even Trump’s higher average. Gas peaked at over $5 for the first time ever in June 2022.
One of the main focuses of the 2024 presidential election is on how President Joe Biden has handled inflation during his time in the White House. Biden supporters point to a steady easing of ...
Trump said he's planning tariffs on Canada and Mexico, which could risk higher gas prices. Most of US crude oil imports come from those two countries. Economists don't expect US drillers to boost ...
The spike in gas prices this year has correlated with a plunge in Biden’s approval rating, which is now around 39%, about 3 points lower than Donald Trump’s approval rating at the same point ...
That said, Trump also may employ a number of sanctions on Iran — a country that exports approximately 1.7 million barrels per day — which would create a fuel vacuum that could spike gas prices ...
Heading into the Memorial Day travel weekend, House Republican leader Kevin McCarthy and other members of his party are falsely blaming President Joe Biden for higher gasoline and lumber costs.